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Markets bounce back after falling in early trade

BSE declined by 61.98 points to reach 61,082.86 in early trade & NSE dipped by 21.2 points to settle at 18,138.75 amid mixed global trends

PSU Watch Bureau

Mumbai: Markets fell in early trade on Tuesday but later bounced back and were trading in the positive territory amid mixed global market trends. The 30-share BSE Sensex declined by 61.98 points to reach 61,082.86 in early trade. The broader NSE Nifty dipped by 21.2 points to settle at 18,138.75. However, later both the indices bounced back, with the BSE benchmark trading 65.49 points higher at 61,210.33. The Nifty also quoted 21.55 points higher at 18,181.50. The BSE benchmark declined by 518.64 points or 0.84 percent to settle at 61,144.84 on November 21. The Nifty fell by 147.70 points or 0.81 percent to end at 18,159.95. Foreign Institutional Investors (FIIs) offloaded shares worth Rs 1,593.83 crore on November 21, as per exchange data.

Position of stocks in Indian markets

From the Sensex pack, Nestle, Power Grid, Sun Pharma, HCL Technologies, Wipro, Tata Consultancy Services, Reliance Industries and Kotak Mahindra Bank were the major laggards.

UltraTech Cement, Maruti Suzuki, Larsen & Toubro, NTPC and ICICI Bank were among the winners.

Performance of markets worldwide

Asian markets in Tokyo and Shanghai were quoting higher, while Seoul and Hong Kong were trading lower.

Wall Street had ended lower on November 21.

International oil benchmark Brent crude was trading 0.49 percent higher at USD 87.89 per barrel.

(With PTI inputs)

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